Anthony Scaramucci, a former White House Press Secretary and founder of SkyBridge Capital, has shared his insights on the relationship between cryptocurrency and the upcoming US elections. Despite the current administration's negative stance on crypto, Scaramucci believes that President Biden may need to soften his approach to appeal to voters.

Scaramucci points to the SEC's recent approval of the ETH ETF as a sign of this shift. He notes that this decision came after Trump's investor-friendly statements on crypto, which have been influential in shaping public opinion. The approval of the ETH ETF has eased pressure on investors, and Scaramucci predicts that this could lead to a rise in cryptocurrency values.

Scaramucci also shared his long-term prediction for Bitcoin, stating that it could reach $300,000 to $500,000 in the next 10 years. He believes that as crypto continues to scale and gain adoption, it has the potential to increase tenfold in value. With the US elections approaching, Scaramucci's comments suggest that crypto could play a significant role in shaping the outcome.

In conclusion, Scaramucci's statements indicate that the tide may be turning in favor of crypto, even among those in the current administration. As the US elections approach, it remains to be seen how crypto will factor into the campaigns and ultimately, the outcome. One thing is clear, however - the future of crypto looks bright, and its potential for growth is vast.